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E-commerce overtakes brick-and-mortar in high-value goods, quick commerce eyes next frontier
The traditional touch-and-feel retail experience, where customers prefer to inspect products physically before buying, is now being overshadowed by e-commerce. Despite e-commerce’s rapid growth...
Pret A Manger opens first South India outlet in Bengaluru
Pret A Manger, the UK-based fresh food and organic coffee chain, has launched its first outlet in South India, located in Bengaluru, as announced...
Financing platform Velocity announces INR 400 Cr festive season fund for D2C brands
Velocity, a financing platform, has allocated INR 400 crore to assist D2C and e-commerce brands with their financing needs during the upcoming festive season...
Amazon Pay UPI crosses 100 Million user milestone
Amid a rise in online transactions across India, ecommerce giant Amazon's digital payments platform, Amazon Pay Unified Payments Interface (UPI), has surpassed the 100...
Mamaearth shares surge 15% to record INR 528.9, market cap tops $2 Bn
Mamaearth shares surged nearly 15% during intraday trading today, hitting a record high of INR 528.9 on the BSE, driven by a notable increase...
Unicommerce shares dip 5% to INR 215 after last week’s rally
Unicommerce shares fell nearly 5% to an intraday low of INR 215 each on the BSE today (August 26), reversing last week's rally.͏Last w͏ee͏k͏,...
Tata Digital unveils new ESOP plan for senior executives to boost performance and retention
Tata Digital has launched a new employee stock option plan (ESOP) for its senior executives. This move by Chief Executive Naveen Tahilyani aims to...
Trent soars 129% this year, set for further gains after NSE Nifty 50 inclusion
Shares of Tata Group's subsidiary, Trent Ltd., which have outperformed major global retail stocks, may experience further growth following their inclusion in India's benchmark...
Top food companies shift focus to high-priced functional foods
Forget organic products and millets. Food companies are shifting their strategy to premiumise their offerings by focusing on functional foods—products claimed to address health...
Swiggy Instamart partners with Hawkins Cookers for 10-minute delivery of kitchen essentials
Swiggy Instamart, India’s leading quick commerce platform, is set to revolutionise kitchen shopping with the exclusive launch of Hawkins Cookers Limited products. For the...
FirstCry hit with I-T Dept show-cause notice over INR 80 Cr ESOP expenses
Brainbees Solutions, the parent company of kids-focused omnichannel retailer FirstCry, has received show-cause notices from the Income Tax Department regarding its employee stock option...
CaratLane’s FY24 revenue crosses INR 3,000 Cr, profit drops 5% to INR 79 Cr
Tata-owned omnichannel jewellery startup CaratLane's operating revenue surpassed INR 3,000 crore in FY24. The company's revenue from operations increased by 41% to INR 3,080...